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Stephenson Harwood advises on Directa Plus IPO

Law firm Stephenson Harwood LLP has advised Cantor Fitzgerald Europe, in its role as nominated advisor and broker to Directa Plus Plc, in connection with its admission to trading on the AIM market of the London Stock Exchange and related placing.

Directa Plus, a producer and supplier of graphene-based products for use in consumer and industrial markets, raised approximately £12.8 million through the placing of new shares, which gives it a market capitalisation on admission to trading of approximately £33 million. The funds will be used to support the company’s growth strategy and capitalise on future commercial opportunities.

The Stephenson Harwood team was led by partner Tom Nicholls, with support from senior associate Guy Morgan.